Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Binance against Lighter−0.154%7-day average −0.126% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$840.840% of the position
Funding, last 7 days−0.017%−$2 on $10k
+Price spread, last 4 days (all we have)+0.005%+$1 · spread now −0.154%, 7d avg −0.126%
=Together, before fees−0.012%+ Points / potential airdropLighter: Season 3 · farm board−$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.028% cheaper against Lighter than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.126%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter JTO | 0.5063 | 0.0096 | pay 0.0012% / 1h | 30m 06s | $113K | $240K | 10x |
| Short | Binance JTOUSDT | 0.5055 | 0.0100 | get 0.0050% / 4h | 1h 30m | $10.7M | $28.8M | 75x |
Lighter JTO
Binance JTOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Lighter. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0.84
- Price spread: −0.154% → −0.126%
- −$2.82
- Slippage, 4 orders
- −$74.02
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$86.01
- Costs to cover
- 0.840%
- Break-even
- 723.7 days
Slippage from Lighter: live order book, 60 min ago; Binance: live order book, 11 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 60 min ago | 9.30 bp | 26.7 bp −$27 | 47.8 bp −$478 | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 0.99 bp | 14.9 bp −$15 | 47.3 bp −$473 | 271.2 bp −$27.1K | doesn't fit |
JTO on 26 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit JTO_USDC-PERPETUAL | −0.0343% | 1h | 0.5056 | −0.134% | $12K | $30K | 10x | as long as short |
| Gate JTO_USDT | −0.0150% | 8h | 0.5058 | −0.095% | $884K | $1.0M | 75x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5056 | −0.132% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +9.415% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −1.774% | $31 | $43K | 5.5x | as long as short |
| Paradex JTO-USD-PERP | +0.0075% | 8h | 0.5055 | −0.151% | $484 | $10 | 5x | as long as short |
| Lighter JTOlong | +0.0096% | 1h | 0.5063 | long leg | $113K | $240K | 10x | |
| Hyperliquid JTO | +0.0100% | 1h | 0.5063 | +0.014% | $6.9M | $3.1M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5060 | −0.056% | $118K | $230K | 10x | as long as short |
| Binance JTOUSDTshort | +0.0100% | 4h | 0.5055 | −0.154% | $10.7M | $28.8M | 75x |
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
Paradex JTO-USD-PERP
Hyperliquid JTO
Aster JTOUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit JTOUSDT | +0.0100% | 4h | 0.5056 | −0.134% | $6.8M | $14.3M | 50x | as long as short |
| OKX JTO-USDT-SWAP | +0.0100% | 4h | 0.5054 | −0.174% | $3.7M | $9.7M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5041 | −0.434% | $55K | $2K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5054 | −0.174% | $5.9M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5058 | −0.093% | $1.5M | $620K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5058 | −0.095% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5054 | −0.174% | — | $8.6M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5052 | −0.211% | $217K | $240K | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5057 | −0.115% | $4K | $918 | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5053 | −0.199% | $506K | $2.2M | 10x | as long as short |
| Backpack JTO_USDC_PERP | +0.0116% | 1h | 0.5061 | −0.032% | $223K | $310K | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0223% / S −0.2181% | 1h | 0.5057 | −0.108% | $2K | — | 50x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5047 | −0.312% | $590K | $532K | 75x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0456% | 1h | 0.5063 | +0.004% | $57K | $137K | 25x | as long as short |
| Phoenix JTO | +0.0467% | 1h | 0.5051 | −0.233% | $373K | $118K | 5x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0852% | 1h | 0.5062 | −0.016% | $321K | $374K | 25x | as long as short |
Bybit JTOUSDT
OKX JTO-USDT-SWAP
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Orderly PERP_JTO_USDC_mythos
Extended JTO-USD
Backpack JTO_USDC_PERP
GMX JTO/USD [WBTC.b-USDC]
BloFin JTO-USDT
Coinbase International JTO-PERP-INTX
Phoenix JTO
Kraken Futures PF_JTOUSD